AI

Meta seeks $29 billion from private capital firms for AI data centres: Financial Times

Published

on

[ad_1]

Meta Platforms is seeking to raise $29 billion from private capital firms to build artificial intelligence data centres in the U.S., the Financial Times reported on Friday.

The Facebook-parent has advanced discussions with private credit investors including Apollo Global Management, KKR , Brookfield , Carlyle and PIMCO, the report said, citing people familiar with the matter.

Meta is looking to raise $3 billion in equity and $26 billion in debt, the report said, adding that the company is debating how to structure the debt raising and may also seek to…

[ad_2]

Source link

You must be logged in to post a comment Login

Leave a Reply

Cancel reply

Exit mobile version